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Coronavirus

Companies fret over how much to disclose on coronavirus risks

Employee infections force tough decisions on public reports

U.S. companies such as Amazon and Google were quick to disclose that their employees have been infected with the coronavirus.   © Reuters

NEW YORK/LONDON -- The novel coronavirus has left companies grappling with difficult questions about how much to tell investors about risks to earnings and how to handle cases in the workplace.

Assessing monetary damage is hard given the developing outbreak, but too little information can trigger a stock sell-off among nervous investors. Companies are not obligated to disclose infections among employees, but leaks on the internet could be even more damaging to their reputation.

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